The world as we know it is continually changing, and one of the fundamental drivers is digital transformation. At its core, digital transformation is about using the latest technology to do what you already do – but better. Based on it, what is Digital Economy? Digital Economy Digital Economy is the economic activity that results from billions of everyday online connections among business – … Continue reading Digital Transformation – What is Digital Economy?
Companies are digitally transforming through actionable intelligence. Data and information have become core business assets, sources of revenue and critical enablers in the digital information age. In order to reap the benefits in the digital information age and transformation economy, organizations need to be ready for accelerating progress, higher business agility, and actionable intelligence (translate the ocean of data and information collected on something meaningful). … Continue reading How Companies Are Digitally Transforming – Strategy
HR organizations in the digital economy need to transform. HR transformation is now about improving the overall people experience. This requires adopting a mindset to drive a competitive advantage where employees have different experiences in: Recruiting Onboarding Employee Management Health and Wellness HR organizations should rethink their business processes in order to use the data generated by automated transactions to create value in the relationship with … Continue reading HR Organizations in the Digital Economy
What is the difference between the internet of things and digital transformation? The internet of things (IoT) is a component of digital transformation (DT). IoT is considered the most important component of DT because it enables, drives and accelerates business creation/change opportunities and improvements in the ways we work, live, entertain ourselves and connect. The Digital Age has brought with it a new way of thinking … Continue reading The Internet of Things and Digital Transformation
Two years ago, digital transformation was a new trend, and the awareness was low. Today, companies and government agencies are thinking through how to transform the way they deliver existing products and services and create new ones in shortest cycles. Companies that act with urgency will win. Productivity growth over the past few years has gone close to zero. Organizations need a change … Continue reading IoT SAP – Digital Transformation from SAP CEO Bill McDermott Perspective